Elemental Named A Red Herring 100 Company
SAN MATEO, Calif. May 11, 2005 – Elemental Security, Inc.?â€, a company pioneering new technology in enterprise information security, today announced that it has been named one of the Red Herring 100 Private Companies of North America.
Elemental is a pioneer in the Security Compliance Management market. It delivers the world’s only product that unifies policy management, host configuration and network access control in one seamlessly integrated offering – enabling organizations to measurably improve their security and satisfy compliance requirements. For the first time, enterprises can easily express cross-platform security policies that affect individual computers and their behavior on the network, gather meaningful up-to-date information to compare to established metrics, and selectively enforce policies across a diverse, dynamic environment. Security compliance has become a top priority for enterprises due to pressures from increasing frequency and severity of security breaches, and from regulations such as the Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
“It is an honor to be recognized as a leader amongst the emerging companies of today, and to be selected to the Red Herring 100 list,” said Elemental CEO Peter Watkins. “Elemental continues to generate significant interest and attention, on both the customer and partner fronts. Tying together policy management, host configuration and network access control for the most complete security compliance solution is a new concept, and it’s rewarding to see ongoing validation of our efforts – from customers, as well as authorities such as Red Herring. We look forward to our participation in the Red Herring Spring conference, and continuing to grow our presence in the industry, as well.”
Red Herring’s lists of private companies are an important part of the magazine’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies such as Google and eBay were spotted in their early days by Red Herring editors as companies that would change the way we live and work.
“Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof,” said Red Herring editor-in-chief Joel Dreyfuss.
Red Herring’s editorial staff rigorously evaluated more than 900 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. Red Herring 100 companies will present their business model and strategy at the Red Herring Spring conference May 17-19 at the Monterey Plaza Hotel in Monterey, Calif.
About Red Herring Spring
Red Herring Spring is an invitation-only event for CEOs, select senior executives, and venture capitalists. Themed “The Dynamics of Disruptions,” Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and venture capitalists. Contact Sean Raman at (650) 428-2900 or email firstname.lastname@example.org to request an invitation to Red Herring Spring.
About Red Herring
Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion, and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com .
Elemental Security is a pioneer in the Security Compliance Management market. Elemental’s products address enterprises’ need to centrally manage the security compliance of all computers in their environment. Elemental provides unified visibility and control to manage dynamic computing environments, enabling enterprises to satisfy compliance requirements and measurably improve their security. Founded in December 2002, Elemental is a privately held company backed by Bessemer Venture Partners, Mayfield and Sequoia Capital. The company is headquartered in San Mateo, Calif., and has regional offices throughout the U.S. Go to http://www.elementalsecurity.com for more information.